Acknowledgment of Security Interests. Each Borrower and Guarantor hereby acknowledges, confirms and agrees that Agent, for itself and the ratable benefit of the Lenders and the Bank Product Providers, shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent pursuant to the Existing Financing Agreements to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Agent or any Lender. The liens and security interests of Agent in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to Agent, whether under the Existing Financing Agreements, this Agreement or any of the other Financing Agreements.
Appears in 5 contracts
Samples: Loan and Security Agreement (RTW Retailwinds, Inc.), Loan and Security Agreement (New York & Company, Inc.), Loan and Security Agreement (New York & Company, Inc.)
Acknowledgment of Security Interests. Each (a) Borrower and Guarantor each hereby acknowledges, confirms and agrees that Agent, for itself Lender has and the ratable benefit Collateral Agent on behalf of the Lenders and the Bank Product Providers, Lender shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent Lender pursuant to the Existing Financing Agreements to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Collateral Agent or any Lender. .
(b) The liens and security interests of Collateral Agent in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to AgentLender, whether under the Existing Financing Agreements, this Agreement or any of the other Financing Agreements.
Appears in 3 contracts
Samples: Loan Agreement (RBX Corp), Loan Agreement (RBX Corp), Loan Agreement (RBX Industries Inc)
Acknowledgment of Security Interests. (a) Each Borrower and Guarantor hereby acknowledges, confirms and agrees that Agent, Agent for itself and the ratable benefit of the Lenders Secured Parties has and the Bank Product Providers, shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent for the benefit of Secured Parties pursuant to the Existing Financing Agreements to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Agent or any Lender. Secured Parties.
(b) The liens and security interests of Agent in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to AgentAgent and Secured Parties, whether under the Existing Financing Agreements, this Agreement or any of the other Financing Agreements.
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Samples: Loan and Security Agreement (Haynes International Inc)
Acknowledgment of Security Interests. Each Borrower and Guarantor hereby acknowledges, confirms and agrees that Agent, for itself and the ratable benefit of the Lenders Lenders, has and the Bank Product Providers, shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent pursuant to the Existing Financing Agreements Agreement to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Agent or any Lender. The liens and security interests of Agent Agent, for itself and the benefit of Lenders, in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to Agentinterests, whether under the Existing Financing Agreements, this Agreement or any of the other Financing Agreements.
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Acknowledgment of Security Interests. (i) Each Borrower and Guarantor hereby acknowledges, confirms and agrees that Agent, for itself and the ratable benefit of the Lenders Lenders, has and the Bank Product Providers, shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent pursuant to the Existing Financing Agreements Loan Agreement to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements Loan Documents or otherwise granted to or held by Agent or any Lender. .
(ii) The liens and security interests of Agent Agent, for itself and the ratable benefit of Lenders, in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to Agentinterests, whether under the Existing Financing AgreementsAgreement, this Agreement or any of the other Financing AgreementsLoan Documents.
Appears in 1 contract
Samples: Loan and Security Agreement (Childrens Place Retail Stores Inc)
Acknowledgment of Security Interests. Each Borrower and Guarantor hereby acknowledges, confirms and agrees that Agent, for itself and the ratable benefit of the Lenders Lenders, has and the Bank Product Providers, shall continue to have a security interest in and lien upon the Collateral heretofore granted to Agent pursuant to the Existing Financing Agreements Agreement to secure the Obligations, as well as any Collateral granted to Agent under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Agent or any Lender. The liens and security interests of Agent Agent, for itself and the ratable benefit of Lenders, in the Collateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such liens and security interests to Agentinterests, whether under the Existing Financing AgreementsAgreement, this Agreement or any of the other Financing Agreements.
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